HB2610 - Motion Picture Income Tax Credit

• Amends Section 235-17, Hawaii Revised Statutes to modify qualifications for the motion picture, digital media, and film production income tax credit.

• Requires productions to hire an unspecified percentage of talent and crew from the county where production costs are incurred, with exceptions for creative positions including screenwriters, producers, directors, and on-camera talent.

• Exempts certain creative roles from the local hiring requirement, specifically individuals who principally contribute to the creative direction, process, voice, and narrative of the production.

• Requires taxpayers claiming the credit to verify and report the county of residency of local hires in their annual sworn statements to the department of business, economic development, and tourism.

• Effective July 1, 2030, and applies to taxable years beginning after December 31, 2015.